Funding arb · Price arb /

ASTER

all ASTER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: MEXC against ApeX Omni+0.259%81s7-day average −0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.301% of the position

Long on ApeX Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 4 days (all we have)−0.859%−$86 · spread now +0.259%, 7d avg −0.028%

Together, before fees−0.919%−$92 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.287% dearer against ApeX Omni than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of −0.028%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ASTERUSDT	0.7342	0.0100	pay 0.0013% / 1h	6m 09s	$65K	$713K	50x
Short	MEXC ASTER_USDT	0.7361	0.0100	get 0.0050% / 4h	2h 06m	$33.6M	$18.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee MEXCbpOrdersPrice spread, now +0.259%Rate

Funding earned: $0
Price spread: +0.259% → −0.028%: $28.71
Slippage, 4 orders: −$20.09
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$1.38
Costs to cover: 0.301%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 63 min ago; MEXC: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 63 min ago	6.70 bp	12.2 bp −$12	58.6 bp −$586	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.36 bp	2.5 bp −$2	5.8 bp −$58	20.3 bp −$2,029	144.8 bp −$72.4K

ASTER on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International ASTER-PERP-INTX	−0.0080%	1h	0.7342	+0.003%	$266K	$849K	50x	as long as short
Aster ASTERUSDT	0.0000%	4h	0.7362	+0.272%	$55.0M	$101.3M	200x	as long as short
Deribit ASTER_USDC-PERPETUAL	0.0000%	1h	0.7365	+0.308%	$11K	$86K	25x	as long as short
gTrade (Gains Network) ASTER/USD	L +0.0006% / S −0.0010%	1h	0.7363	+0.287%	$34K	—	150x	as long as short
Injective ASTER/USDC PERP	+0.0033%	1h	0.7390	+0.654%	$9	$133K	5.5x	as long as short
01 Exchange ASTERUSD	+0.0072%	1h	0.7363	+0.286%	$8K	$4K	10x	as long as short
dYdX ASTER-USD	+0.0088%	1h	0.7359	+0.228%	$15K	$1K	5x	as long as short
Lighter ASTER	+0.0096%	1h	0.7367	+0.345%	$895K	$898K	5x	as long as short
Orderly PERP_ASTER_USDC	+0.0096%	4h	0.7367	+0.341%	$14K	$845	10x	as long as short
Nado ASTER-PERP	+0.0100%	1h	0.7364	+0.297%	$367K	$254K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ASTER	+0.0100%	1h	0.7369	+0.365%	$25.5M	$6.5M	5x	as long as short
Pacifica ASTER	+0.0100%	1h	0.7362	+0.277%	$256K	$74K	10x	as long as short
Binance ASTERUSDT	+0.0100%	4h	0.7364	+0.294%	$90.3M	$110.3M	75x	as long as short
Bybit ASTERUSDT	+0.0100%	4h	0.7362	+0.272%	$49.2M	$22.5M	75x	as long as short
OKX ASTER-USDT-SWAP	+0.0100%	4h	0.7365	+0.313%	$12.1M	$18.5M	50x	as long as short
Gate ASTER_USDT	+0.0100%	4h	0.7364	+0.300%	$6.4M	$5.3M	75x	as long as short
MEXC ASTER_USDTshort	+0.0100%	4h	0.7361	+0.259%	$33.6M	$18.0M	100x
KuCoin ASTERUSDTM	+0.0100%	4h	0.7365	+0.311%	$10.9M	$3.2M	75x	as long as short
Bitget ASTERUSDT	+0.0100%	4h	0.7365	+0.313%	$17.9M	$6.7M	50x	as long as short
BingX ASTER-USDT	+0.0100%	4h	0.7362	+0.272%	—	$9.6M	—	as long as short
Backpack ASTER_USDC_PERP	+0.0100%	1h	0.7358	+0.222%	$220K	$480K	10x	as long as short
Variational Omni ASTER	+0.0100%	4h	0.7350	+0.112%	$2.1M	$375K	—	as long as short
GRVT ASTER_USDT_Perp	+0.0100%	4h	0.7344	+0.033%	$454K	$3.9M	10x	as long as short
ApeX Omni ASTERUSDTlong	+0.0100%	1h	0.7342	long leg	$65K	$713K	50x
SunX ASTER-USDT	+0.0100%	4h	0.7362	+0.272%	$2K	$1.7M	20x	as long as short
SoDEX ASTER-USD	+0.0100%	1h	0.7363	+0.286%	$13K	$8K	5x	as long as short
HTX ASTER-USDT	+0.0100%	4h	0.7360	+0.245%	$244K	$117K	20x	as long as short
Extended ASTER-USD	+0.0104%	1h	0.7362	+0.276%	$367K	$639K	25x	as long as short
edgeX ASTERUSDC	+0.0120%	4h	0.7343	+0.012%	$212K	$2.0M	10x	as long as short
Kraken Futures PF_ASTERUSD	+0.0228%	1h	0.7366	+0.333%	$340K	$490K	20x	as long as short
GMX ASTER/USD [WBTC.b-USDC]	L +0.0305% / S −0.0215%	1h	0.7363	+0.280%	$28K	—	100x	as long as short